Tony Fernandes, CEO, Air Asia was born in Kuala Lumpur.He worked very briefly with Virgin Atlantic as an auditor, subsequently becoming the financial controller for Richard Branson's Virgin Records in London from 1987 to 1989.Tony was admitted as Associate Member of the Association of Chartered Certified Accountants (ACCA) in 1991 and became Fellow Member in 1996. He is currently a member of the Institute of Chartered Accountants in England and Wales (ICAEW). Upon his return to Malaysia, he became the youngest managing director of Warner Music (Malaysia) Sdn Bhd. As well as being an accountant, Fernandes is an amateur guitarist and also has achieved grade 8 piano which is where his musical inclination lies.
AirAsia is Asia's leading airline was established with the dream of making flying possible for everyone. Since 2001, AirAsia has swiftly broken travel norms around the globe and has risen to become the world's best. With a route network that spans through to over 20 countries, AirAsia continues to pave the way for low-cost aviation through our innovative solutions, efficient processes and a passionate approach to business. Together with our associate companies, AirAsia X, Thai AirAsia, Indonesia AirAsia, Philippines' AirAsia Inc and AirAsia Japan , AirAsia is set to take low-cost flying to an all new high with our belief, "Now Everyone Can Fly".
Yash Ved of IIFL provides you highlights of a media interaction, where Tony Fernandes says, AirAsia India currently has about 175 aircraft and plans to have at least 300 more aircraft.
What are your expansion plans? Is there any hurdle in regulatory approvals?
AirAsia India currently has about 175 aircraft and plans to have at least 300 more aircraft. India will become a very big hub for us.
We are not facing any hurdle for regulatory approvals from Ministry.
What is your outlook for the aviation industry?
Aviation is a tough business and needs a lot of focus. AirAsia wants to offer the lowest possible fares in this market.
You have recently ended your JV with ANA Holdings?
AirAsia has terminated its joint venture with ANA Holdings. It was a very bad experience for me doing business with ANA Holdings. From now onwards, I will not work with a premium airline.
Brief us about the launch of new daily flights to and from India?
Effective from July 15th, 2013, AirAsias daily flights from Kolkata to Bangkok (FD 2672) will be re-scheduled to depart Kolkata at 1:45am and arrive in Bangkok Don Mueang International Airport at 5:55am.
Meanwhile, daily flights from Bangkok Don Mueang International Airport to Kolkata (FD 2671) will depart at 12:05am and arrive in Kolkata at 1:15 am, allowing passengers to enjoy the full day in Bangkok before catching their flight back to India.
AirAsia will start a service this year to connect Madurai in Tamil Nadu to Kuala Lumpur in Malaysia.
Taking a Housing Loan? Check how much will be your EMI